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Lotto24 AG (LO24n.DE)

LO24n.DE on Xetra

9.00EUR
28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Lotto24 Q4 revenues up 95 pct at 6.9 mln euros
Tuesday, 10 Jan 2017 09:44am EST 

Lotto24 AG : Very strong fiscal year 2016 with 399 thousand new customers . In Q4 of 2016, billings reached around 59.0 million euros ($62.50 million)(prior year: 35.3 million euros) and thus grew year on year by about 67 pct . With a preliminary figure of 6.9 million euros (prior year: 3.6 million euros), revenues even rose by around 95 pct in Q4 of 2016 . For fiscal year 2016 as a whole, billings and revenues thus grew by approximately 47 pct to 200.5 million euros (prior year: 136.3 million euros) and around 67 pct to 22.6 million euros (prior year: 13.5 million euros) respectively . Based on preliminary calculations, there was a significant improvement in fy ebit to -3.9 million euros (prior year: -13.4 million euros) and in net profit to -2.3 million euros (prior year: -10.8 million euros) . Lotto24 also expects to raise billings by 15 pct to 20 pct in 2017 with a stable gross margin compared to previous year .2017 EBIT is expected to slightly exceed break-even; net profit will be clearly above break-even point.  Full Article

Lotto24 H1 revenues up 51.3 pct at 9.2 million euros
Thursday, 11 Aug 2016 01:31am EDT 

Lotto24 AG : H1 billings rose by 35.0 pct to 84.5 million euros ($94.32 million) (prior year: 62.6 million euros) . H1 revenues up by as much as 51.3 pct to 9.2 million euros (prior year: 6.1 million euros) .In 2016 expects increase in billings of 25 pct to 30 pct and a slight year-on-year improvement in gross margin. According to company expectations, losses will be lower than in previous year with regard to both ebit and net result.  Full Article

Lotto24 confirms FY 2016 guidance
Tuesday, 12 Apr 2016 08:38am EDT 

Lotto24 AG:Initial FY 2016 guidance, published in January 2016, will remain unchanged and reviewed again in course of publication of its half-yearly financial report.  Full Article

Lotto24 gives FY 2016 guidance in line with analysts' estimates
Thursday, 14 Jan 2016 10:43am EST 

Lotto24 AG:In 2016 expects billings to rise by 25 pct to 30 pct with a slight year-on-year improvement in gross margin​.In 2016 ‍losses of two KPIs EBIT and net profit will be much lower than in previous year.FY 2015 EBIT loss 13.4 million euros.FY 2015 net profit 10.8 million euros.FY 2016 EBIT loss estimate 5.6 million euros - Thomson Reuters I/B/E/S.FY 2016 net loss estimate 5.6 million euros - Thomson Reuters I/B/E/S.  Full Article

Lotto24 AG confirms FY 2015 guidance
Thursday, 12 Nov 2015 02:00am EST 

Lotto24 AG:FY 2015 guidance confirmed.Still anticipates for FY 2015 a modest increase in gross margin and a reduction in CPL compared to previous year.Expects 2015 EBIT and net profit to be on a par with previous year.FY 2015 EBIT loss estimate 12.44 million euros - Thomson Reuters I/B/E/S.FY 2015 net loss estimate 13.10 million euros - Thomson Reuters I/B/E/S.  Full Article

Lotto24 AG increases FY 2015 outlook
Monday, 28 Sep 2015 04:20am EDT 

Lotto24 AG:Expects EBIT and net profit for FY 2015 to be on par with previous year, with slight year-on-year reduction in marketing expenditure.Previously expected that losses of two KPIs EBIT and net profit will be lower in FY 2015 than in previous year.FY 2015 EBIT -11.16 million euros - Thomson Reuters I/B/E/S.FY 2015 net result -10.00 million euros - Thomson Reuters I/B/E/S.  Full Article

Lotto24 AG announces successful cash capital increase at a 10 pct premium
Tuesday, 14 Jul 2015 03:02am EDT 

Lotto24 AG:Successful cash capital increase at a 10 pct premium.Has increased its share capital by 2,195,899 euros from 21,958,991 euros to 24,154,890 euros against cash contributions.2,195,899 new, registered, no-par value shares were placed at a price of 3.49 euros per new share.Will receive gross proceeds from capital increase of nearly 7.7 million euros.Intends to use net proceeds from capital increase to expand its business.  Full Article

Lotto24 AG confirms FY 2015 outlook
Monday, 13 Jul 2015 04:30am EDT 

Lotto24 AG:Still expects that losses of two KPIs EBIT and net profit will be lower in FY 2015 than in previous year.Continues to expect for FY 2015 strong increase in billings of up to 50 pct and slight year-on-year improvement in gross margin.  Full Article

Lotto24 AG enters into cooperation agreement with t-online.de
Monday, 1 Jun 2015 02:22am EDT 

Lotto24 AG:Enters into cooperation agreement with t-online.de.Lotto24 will be exclusive lotto partner of t-online.de.  Full Article

Lotto24 comments on FY 2015 forecast
Wednesday, 20 May 2015 11:06am EDT 

Lotto24 AG:Significant increase in new customer growth leads to a change in forecast.Instead of a reduced growth, a strong new customer growth approx. at level of previous year (284 thousand) is now expected in FY 2015.Continues to expect a strong increase in billings by up to 50 pct and a slight year-on-year improvement in gross margin for its fiscal year 2015.FY 2015 EBIT and net profit continue to be expected to be affected by lower losses than in previous year.  Full Article

More From Around the Web

BRIEF-Lotto24 Q4 revenues up 95 pct at 6.9 mln euros

* Very strong fiscal year 2016 with 399 thousand new customers